KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: SofaSpud who wrote (15670)	1/15/2003 4:44:53 PM
From: SofaSpud	of 15703

Kookaburra Resources Ltd. TSX SYMBOL: KOB:T VANCOUVER, Jan. 15 /CNW/ - The President, Graeme Robinson, advises that the Toronto Stock Exchange has notified the Company that it does not meet its continued listing requirements (e.g. market capitalization). The Exchange has granted the Company 120 days to rectify the situation. If this cannot be achieved within the time allowed, then the Company will be required to apply for listing on the TSX Venture Exchange. On a separate matter, the President advises that management is giving consideration to the Company acquiring a small working interest in a gas exploration project in Alberta, Canada. Due diligence is in progress as is an assessment of the funding required to participate in the play and the market will be advised once a decision has been made.

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